The construction was stalled by a legal rift on gas prices.
Read More »Chinese Firms Buy American Oil and Grains to Ease Tensions
Other Chinese refiners are looking to reconfigure their plants so they could buy and process U.S. oil. one trade source said.
Read More »OPEC may Decide to Ease Oil Supply Curbs in June
Concerns raised by the United States that oil prices were too high also made the exporting group start internal discussions.
Read More »Venezuela after Re-Election
Nicolás Maduro must address discontent and economic hardship in Venezuela.
Read More »Russia Slams Pompeo’s Demands Addressed to Iran as Nonsense
The United States is unable to understand that Iran has sovereign rights. including the right to civilian nuclear power.
Read More »Venezuela One of the Biggest Risks in the Oil Market in the Coming Months
Venezuela'.s Nicolas Maduro won the presidential election for another six-year term.
Read More »The Iran Deal Dying. Made Europe and Iran Closer Than Ever
French energy giant Total this week announced it will pull out of a major gas project in Iran by this fall unless U.S. sanctions are waived.
Read More »EU Commissioner in Iran in Bid to Save Trade Ties
Iran. which has the world’s fourth-biggest oil reserves. produces about 3.8 million barrels of oil per day.
Read More »UAE Energy Minister Plays Down Impact of US Withdrawal from Iran Deal on OPEC
The UAE Energy Minister says not worried about how sanctions on some member countries are going to affect how OPEC deals with things.
Read More »Europe to Get Rid of US Dollar in Payments for Iranian Oil
Mogherini stressed that the sides should jointly work on the lifting of sanctions as an integral part of the historic nuclear deal.
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